What Determines Preference of the Customers?
Customer preference – is attitude that determines the choice by the customer of certain services or products. It can be reasons why consumer choose product A, not B. When some goods are preferable than another, then in a free market economy consumer tastes combined with prices of commodity affect the distribution of expense between the available alternatives. Thus, the allocation of resources of different products depends of the nature of production, factors prices, the taste of consumer and what goods will they prefer. …
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